Perhaps you are running a business and would like to take it up to the next level. One step to consider is to incorporate your enterprise. It will provide your brand with a higher degree of professionalism and give you several tangible benefits.
The word incorporation comes from the Latin word “corpus,” which means “body.” It literally means embodying your business into a unique entity that has a specific legal standing. Importantly, by incorporating your business, you will create a tax situation that applies to it, not to your personal tax situation.
There are at least six excellent reasons why you might wish to incorporate your business:
There are three types of incorporated businesses in the United States: C Corporations, S Corporations, and Limited Liability Companies. The details differ for each. Your best choice generally depends on your business goals.
If you’d like to learn more about the process of incorporation in Rancho Cucamonga, then Mr. Steve Whyte at Whyte and Associates would love to hear from you. To learn more about your options, give us a call at (909) 575-0080 or visit us at 10370 Commerce Center Drive, Suite 130, Rancho Cucamonga, CA.